Benzinga | Aug 4, 2021 05:04PM EDT

SiTime Q2 Adj. EPS $0.46 Beats $0.23 Estimate, Sales $44.50M Beat $40.04M Estimate

SiTime (NASDAQ:SITM) reported quarterly earnings of $0.46 per share which beat the analyst consensus estimate of $0.23 by 100 percent. This is a 428.57 percent increase over losses of $(0.14) per share from the same period last year. The company reported quarterly sales of $44.50 million which beat the analyst consensus estimate of $40.04 million by 11.13 percent. This is a 107.22 percent increase over sales of $21.47 million the same period last year.